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20130126
20130203
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about stocks. that run-up is part of the reason our market monitor guest is bullish on stocks. john rogers of ariel investments joins us with his top buys now. and after a week of heavy selling, apple is no longer the world's biggest company, exxon mobil goes back to number one. that and more tonight on "n.b.r." what a week, what a month, what a year. the stock market is on a tear with both the dow and s&p 500 closing at their highest level in five years. some say the gains are seasonal, others point to fundamentals. here's a look at today's numbers. the dow surged 70 points. the blue chip index nearing 14,000 and its record high back in 2007. the nasdaq added 19. and, the s&p gained eight, closing above the important 1,500 mark and advancing for its eighth day in a row. suzanne pratt takes a closer look a what's behind the recent rally in stocks. >> reporter: as months go, january is typically a good one for the stock market. this january, however, is the best investors have seen in years. so far, the dow is up 6%, the s&p 500 has gained more 5% and the nasdaq is up 4.3%. and, if i
to pick up cheap stocks. he's john rogers, founder and chief investment officer of ariel investments and its flagship ariel mutual fund has tripled in value since march 2009. john, this is the first time you are our market monitor, so welcome to "nightly business report." let me begin by asking you, here we've got the stock market at these new levels. why do you think this momentum is going to continue? >> well, as we talked to companies all around the country, we continue to hear that, you know, we're only in the fourth or fifth inning of this recovery. we have a long, long way to go. we're going to have earnings and profitability will be higher as we move into 2013 and 2014. there's so much cash around that people can buy back stock and that's going to help earnings. so we're extraordinarily bullish today. >> susie: what about individual investors? as you know well, they have been very fearful of investing in stocks. is it too late for the individual to get in at this point? >> i don't think so. p.e. multiples are stillest. thes & p, around 13 times. i think people have been too ca
Search Results 0 to 3 of about 4 (some duplicates have been removed)